Search Results - subject:"Budget constraint"

Some styilized facts on public finance in Colombia since the first Kemmerer mission (1923)

Gómez, Mauricio Avella - BANCO DE LA REPÚBLICA - 2007

This paper surveys some facts relevant for the understanding of the Colombian experience with public finance and debt since 1923. The stylized facts are classified in three groups as follows: first, facts associated with the dependence of the economy on the external sector; second, facts which...

Persistent link: https://www.econbiz.de/10005768159

EU accession and the hardening of soft budget constraints: some macro evidence

Brücker, Herbert; Schröder, Philipp - In: Economic Change and Restructuring 40 (2007) 3, pp. 235-252

Persistent link: https://www.econbiz.de/10005808871

Seigniorage

Buiter, Willem H. - C.E.P.R. Discussion Papers - 2007

operationally independent, it is essential to decompose the familiar consolidated ‘government budget constraint’ and consolidated … ‘government intertemporal budget constraint’ into the separate accounts and budget constraints of the Central Bank and the …

Persistent link: https://www.econbiz.de/10005792048